Cae Inc (CAE) Price Target Raised to C$24.00

Cae Inc (TSE:CAE) (NYSE:CAE) had its price objective hoisted by CIBC from C$23.00 to C$24.00 in a research note published on Thursday morning.

Several other equities analysts have also recently issued reports on the stock. TD Securities boosted their target price on shares of Cae from C$22.00 to C$23.00 and gave the company a hold rating in a research note on Friday, August 11th. Raymond James Financial, Inc. decreased their target price on shares of Cae from C$23.00 to C$22.00 and set a market perform rating for the company in a research note on Friday, August 11th. Finally, BMO Capital Markets upgraded shares of Cae from a market perform rating to an outperform rating and set a C$23.00 target price for the company in a research note on Wednesday, August 30th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Cae presently has a consensus rating of Hold and a consensus price target of C$23.38.

Shares of Cae (TSE CAE) opened at C$23.10 on Thursday.

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In related news, insider Nick Leontidis acquired 4,000 shares of Cae stock in a transaction on Friday, September 29th. The stock was bought at an average cost of C$21.83 per share, for a total transaction of C$87,320.00.

Cae Company Profile

CAE Inc provides training for the civil aviation, defense and security, and healthcare markets. The Company designs and integrates training solutions. It operates through three segments: Civil Aviation Training Solutions, Defense and Security, and Healthcare. The Company provides training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a range of flight simulation training devices, as well as ab initio pilot training and crew sourcing services.

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